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Enter Symbol:
 
Market Vectors Chinaamc Sme-Chn (CNXT) [hlAlert]

Rating:
Hold CNXT

CONEXANT SYSTEMS (CNXT) rated Hold with price target $2 by Jefferies & Co

Posted on: Friday,  Jul 31, 2009  8:25 AM ET by Jefferies & Co

Jefferies & Co rated Hold Market Vectors Chinaamc Sme-Chn (AMEX: CNXT) on 07/31/2009. Previously Jefferies & Co rated Buy Market Vectors Chinaamc Sme-Chn (AMEX:
CNXT) on 06/10/2008., when the stock price was $5.80. Since then, Market Vectors Chinaamc Sme-Chn has lost 85.34% as of 12/18/2008's recent price of $0.85.
If you would have followed the previous Jefferies & Co's recommendation on CNXT, you would have lost 85.34% of your investment in 191 days.

Conexant Systems, Inc. innovative semiconductor solutions are driving broadband communications and digital home networks worldwide. The company has leveraged its expertise and leadership position in modem technologies to enable more Internet connections than all of its competitors combined, and continues to develop highly integrated silicon solutions for broadband data and media processing networks. Key products include client-side xDSL and cable modem solutions, home network processors, broadcast video encoders and decoders, digital set-top box components and systems solutions, and dial-up modems. The company also offers a complete line of asymmetric and symmetric DSL central office solutions, which are used by service providers worldwide to deliver broadband data, voice, and video over copper telephone lines.

Our focus on growing and mid-sized companies enables us to identify unique investment ideas, which can make the difference in a tough market. Jefferies' research effort covers U.S. & International equity, high yield, convertibles, investment grade fixed income and post-reorganization securities, as well as special situations and quantitative research. The more than 120-person team of research professionals covers over 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes and dig deeper to provide in-depth, thought provoking, objective research. Our analysts use a variety of quantitative and qualitative tools, integrating field analysis, proprietary channel checks and ongoing dialogue with the managements of the companies they cover. We utilize the latest technologies to deliver a research product that is timely, differentiated, and tailored to each customer's needs. Regular client access to companies and their management teams is provided through a wide variety of Jefferies hosted industry conferences, company management meetings and on-site tours.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/31/2009 8:25 AM Hold
None
1.63 2.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/18/2008 8:25 AM Hold
None
0.85 1.00
6/10/2008 8:25 AM Buy
None
5.80 10.00

(*) Stock Price at the time of the recommendation.
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